While making capital investment decisions, companies set a minimum rate of return to
A) set the maximum expected returns.
B) guard their profitability.
C) cover their fixed costs.
D) comply with the government regulations.
B
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The IMF created the __________ to replace the dollar as a reserve currency.
Fill in the blank(s) with the appropriate word(s).
Which of the following best exemplifies social complexity as an isolating mechanism?
A. Kristin's Cosmetics failed to acquire the resources for its eyeliner at a low cost and thereby lost its competitive advantage over Monica's Makeup. B. Kristin's Cosmetics had difficulty competing with Monica's Makeup because it could not access the many makeup factories in Kentucky as easily as its competitor. C. Kristin's Cosmetics did not fully understand the reasons for the success of Monica's Makeup and therefore had difficulty competing with the firm. D. Kristin's Cosmetics attempted to imitate how Monica's Makeup combined its management and product development systems with little success.
Which of the following statements is not true of corporate bonds?
A) They are debt securities issued by large companies. B) They have long-term maturity dates. C) They are very secure and almost never default. D) They can offer a predictable source of income.
Sam owns Speedy Bricklayers, Inc, a company that specializes in bricklaying. To maintain his business's reputation for quick, quality bricklaying, Sam requires that all employees are experienced bricklayers. This discriminates against potential employees who have never laid bricks before. Sam is likely:
a. in violation of Title VII because his employment practices do not pass the business necessity test b. in violation of Title VII because people over 40 cannot lay bricks as fast as people under 40 c. probably in violation of Title VII in some states, but not in others d. in violation of Title VII because women cannot lay bricks as fast as men e. none of the other choices are correct